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Dhaka, Bangladesh
Thursday, June 17, 2021
FinTech

FinTech

The [Financial] World is not Enough

The financial world is not enough
Every day the news on the country’s financial industry disappoints me a little more. The news is full of tragedy and disappointment, from banks failing to maintain required provisions against classified loans to thousands of crores of capital shortage in banks - there’s no end to...

Global FinTech regulators promise ‘not to stifle innovation’

Innovation
Speaking at the ASIC Annual Forum last week on the future of financial regulation, managing director of the Monetary Authority of Singapore and member of the Financial Stability Board, Ravi Menon addressed the issue of how regulators must respond to fintech moving forward. “Often when...

Online Small-Business Lending Is Set to Bounce Back

Online Small-Business Lending Is Set to Bounce Back
For online business lenders, 2016 was a rough year. Two prominent fintech companies saw their market valuations drop. One small-business lender abruptly stopped issuing loans temporarily due to performance issues, while another was forced to shut down. The industry as a whole faced heightened skepticism...

Digital Disruption Has Arrived In FinTech

Digital Disruption Has Arrived In FinTech
ClearBank, the first new clearing bank to be authorized in the UK in over 250 years launched on February 28th. This is one of the most exciting new FinTech launches with significant implications for the financial services ecosystem, though I must warn readers and...

Gift Cards As Currency – How Fintech Is Changing The Way We Give

Gift Cards As Currency - How Fintech Is Changing The Way We Give
Giving and receiving unwanted gifts is an experience all too familiar for most of us. In fact, Americans spend a whopping $9.5 billion on unwanted gifts. Of course, returning a gift to the giver is not an option, unless you want to effectively severe ties...

More Than Just Apps: FinTech Is The Key To Collaboration When We Need It Most

More Than Just Apps: FinTech Is The Key To Collaboration When We Need It Most
Today, there is an app for just about everything. Need to find the cheapest place to park downtown that’s within walking distance to your meeting? There’s an app for that. Want to reserve a bargain hotel or fill up your car with the least...

Fintech could be bigger than ATMs, PayPal, and Bitcoin combined

FinTech could be bigger
We’ve entered the most profound era of change for financial services companies since the 1970s brought us index mutual funds, discount brokers and ATMs. No firm is immune from the coming disruption and every company must have a strategy to harness the powerful advantages of the...

Enabling banking technology infrastructure ride and survive the Fintech wave

Enabling banking technology infrastructure ride and survive the Fintech wave
Financial technology has been the cornerstone of delivering financial services for over a decade. What started as an attempt to link multiple branches through a single core banking system quickly evolved involved into a string of applications designed to improve customer service, centralize and...

The First Bangladesh Financial Innovation Forum: Five Findings

Financial Innovation Forum
In the fast moving, rapidly changing financial services landscape of Bangladesh, where the regulators are holding all institutions to a world standard of risk mitigation and transparency, a highly unlikely event happened this week. The top leaders of many of the largest financial services providers...

ISO sets up fintech advisory group

ISO sets up fintech advisory group
Technology-enabled innovation in banking, asset management and insurance means customers now enjoy faster, cheaper, more transparent financial services than ever before. As new entrants and incumbents provide these innovative services, they will define new ways of working which require clearly articulated and agreed standards. Anticipating...
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